Obama’s myRA Plan Violates Multiple ERISA Laws
Willful violations of ERISA legislation carry criminal penalties of up to a year in prison for the plan sponsor and a fine of up to $100,000 for the corporation.
Willful violations of ERISA legislation carry criminal penalties of up to a year in prison for the plan sponsor and a fine of up to $100,000 for the corporation.
How do you prepare for the end of the world?
Sean Hannity’s radio show covered Marotta and Russell’s “Should We Wallow in the Rising Stock Market?” Thanks to sensational headlines and selected quotes, the message of the article is changed with each re-telling.
In addition to learning how a viral story can get many of the facts wrong, another more important lesson can be learned from this experience.
Recently we had one of our blogs posts go viral and capture the attention of the national news.
The adventure begins as a tale of interstellar travel, but quickly morphs into a space opera and post-apocalyptic survival story.
You should be just as prepared for the possibility that the world as we know it is not ending.
This holiday season, remember to cherish the important values of life.
Why would you want to use valuable dollars today when you can use cheaper dollars over the next three decades?
If you are 50 years or younger will you see any of your retirement money?
Should you buy as much gold as you can get your hands on?
Even the negative or inconsequential effects of welfare often fail to convinced some people that a new system of assistance is necessary.
It can be tricky to figure out who your “next of kin” is, so here’s a handy flowchart to help you figure out who gets everything you leave behind if you don’t have a will.
We recommend investing in countries which are high in economic freedom and low in debt and deficit.
Blaming the 85% with 100% of the wealth for the poverty of the remaining 15% is unreasonable. The two are unrelated.
The partisan deadlock offers us a novel opportunity to reach consensus.
Why is the business of government seen as passing spending bills? Why isn’t the job of our representatives to work toward government restraint?
Let’s spend $1.25 *billion* to enlist acceptance of Obamacare by young people.
With this announcement, we are finally starting to see online education cause disruptions that can slow soaring college costs.
Most Americans have a home mortgage. The rich often have two.
The Affordable Care Act encourages everyone to get health care insurance by punishing those who don’t. Proponents of Obamacare justify this saying that health care is a human right. But is it?
Here is how representative ETFs from each of the six asset classes did in July 2013.
Corporations go bankrupt for a wide variety of reasons, but there’s only one reason for municipalities.
Just because the dollar strengthens for a quarter does not mean you should abandon this strategy.
Here are some of the monthly returns for countries high in economic freedom.
Even if you just have an idea of where your money is going, you should still have a very good idea.
We were surprised by some of the reactions to our recent article on protective tariffs as one of the primary causes of the Civil War.
Milestones in life encourage advice. In 2012, I graduated, got married, and started a job and then this year, I bought a house. I received a lot of great advice, but here is some of the worse advice I was given.
Tax-free saving for retirement is only one of the many talents offered by Mr. Roth. If you have yet to become fully acquainted, consider this your formal introduction and start getting to know Mr. Roth today.
In a survey of millionaires’ top money regrets, the one that overwhelmingly prevails should not surprised us.
It’s hard to believe they would both protest a tariff-created monopoly at the Boston Tea Party and then create one at the first congress.
Inflation is one of the most important factors in nearly every aspect of financial planning and wealth management.
Even if you think you have good credit, periodically check the facts on your credit report anyway. Your credit report will outline your full credit history. And it can help you verify you have not been the victim of identity theft.
I opened my freezer and found, to my horror, my ice cream had turned to mush. Why? My refrigerator and freezer were broken. The expense for a new refrigerator was around $700. How could I have seen that expense coming?
Matthew Illian says young adults should read one personal finance book a year to expand their financial literacy. See what books we would recommend.
Today’s carnival is all about retirement: saving for it, where to open accounts, how much to withdraw once you do retire, and more. Read on for more details!
As the wife of a 2013 college graduate and a 2012 college graduate myself, I can boldly say this was the most helpful advice given to me.
Without any authorizing legislation, the U.S. government has quietly taken more value than Cyprus tried and failed to confiscate.
If you look beyond the short term, making this move is pretty clearly worse than using a high-interest credit card to pay your bills.
This kitten is willing to ask for help. Be more like this kitten.
If Bogle is against ETFs, why does Vanguard run so many of them?
Even to conservative political parties, starving the beast is not the ideal solution.
This edition of the Wealth Management Carnival deals with investments, how-to tips, advice for college students, and a checkup on 2013 New Year’s Resolutions.
Some suggest using ten times your take home salary as a rough rule of thumb when determining life insurance. Like all such rules, this rough guide is found lacking in many situations.
“Until the deficit is eliminated from our budget, … there is no end to inflation; there is finally no end to taxation; and the eventual result would, of course, be catastrophe.”
Expense ratios and commission prices are easily determined on brokerage or fund websites. But the third expense, the bid/ask spread, is not readily disclosed and will require some additional digging to determine.
I’d like to invite any of our subscribers in The Sunshine State to attend one of the following events as our guest.
Claims of “fair” or even “regressive” or “progressive” depend very much on what is used as the denominator.
Follow-up information for 2013 AAII presentation “Dynamic Portfolio Construction in the Context of Comprehensive Wealth Management.”
Despite a steady diet of bad news, most markets around the world climbed the proverbial “wall of worry” to log strong returns. Major market indices around the globe delivered double-digit total returns.